HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Trump's new social media ...

Mon Dec 6, 2021, 01:00 PM

Trump's new social media company is under investigation by the US Securities and Exchange Commission

The deal between a special purpose acquisition company (SPAC) and former President Donald Trump's new social media company is being investigated by the US Securities and Exchange Commission and other regulators, according to a report filed with the SEC that was first reported by the New York Times.

According to the document from Digital World Acquisition Corp. (DWAC) the
SPAC
that intends to merge with Trump's new media venture, Trump Media & Technology Group Corp. (TMTG) the SEC has requested documents about meetings of the SPAC's board of directors, "policies and procedures relating to trading," identification of certain investors, and copies of communication between DWAC and TMTG.

Trump first announced on October 20 that he was launching a new social media company, "TRUTH Social," under the auspices of TMTG.

"We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced," Trump said in his statement announcing the launch. "Everyone asks me why doesn't someone stand up to Big Tech? Well, we will be soon!"
https://www.businessinsider.com/trumps-new-media-company-federal-regulators-investigating-2021-12




Of course it is!

2 replies, 651 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 2 replies Author Time Post
Reply Trump's new social media company is under investigation by the US Securities and Exchange Commission (Original post)
Initech Dec 2021 OP
keithbvadu2 Dec 2021 #1
abqtommy Dec 2021 #2

Response to Initech (Original post)

Mon Dec 6, 2021, 01:04 PM

1. identification of certain investors

identification of certain investors

Now, why would that trigger thoughts of money laundering?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Initech (Original post)

Mon Dec 6, 2021, 01:57 PM

2. I like that word "investigate", and also the words "castigate", "obliterate" and "viscerate".

Ain't language great?

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread